Condominium Resale Certificate - Williams & Williams

07:A24 MIG/jlf 2/4/84
iated
8.9 Common Expenses Assoc W
ith Limited Common Elements
or Benefiting Less Than All Units: Any Common Expense associated
with the maintenance, repair or replacement of a Limited
Common Element shall be assessed against the Unit, or in equal
shares to the Units, to which such Limited Common Element was
allocated at the time the expense was incurred; provided that
maintenance of parking spaces assigned as a Limited Common
Element shall be considered a Common Expense Liability for the
entire Codominium. In addition, the Association may assess any
Common Expense benefiting less than all of the Units against
the Units benefited in proportion to their Allocated Interest.
8.10 Failure to Prepare B
udoet arid Levy Annual Assessments
Deficiencies in Procedure: The failure of the Executive Board to
prepare or delay of the Executive Board in preparing any budget,
and to levy or in levying assessments, shall not constitute a
waiver or release of the members' obligation to pay assessments
whenever the same shall be determined and levied by the Executive
Board.
Until a new assessment is levied by the Executive
Board
pursuant to Section 8.3 each member shall continue to pay the
assessment previously levied pursuant to Section 8.3 in the same
amount and at the same periodic times as levied, or as the
Executive Board may otherwise advise in writing. Also , any
deficiencies or inadequacies in the procedure followed by the
Executive Board in levying an assessment shall not in any way
affect its validity or the obligation of members to pay such
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